Oil prices edged higher on Wednesday, continuing their recovery but holding only slightly above recent four-year lows. Investors are focused on trade negotiations between the U.S. and China and signs of lower production in the U.S. The downward trend in oil prices has prompted some energy companies in the United States to announce a reduction in the number of drilling rigs, which, according to experts, in the long term should support prices by reducing production.In the case of consolidation of the price above $59.80, a significant resistance may be met by the market closer to the area of $61.80-65.